Quote:
Originally Posted by Orion
I've had just about the exact same experience, feelings, and end result. 
One added factor......waterfront property, being a limited quantity, can be part of a retirement nest egg and a form of investment diversification. |
After owning this great family place it is my hope to leave the property to the next generation who enjoy it very much now. I know that has worked for many families that have been on the lake for many generations.
I am also aware that the increase in taxes, maintenance, and utility costs has sometimes precluded families from continuing to own and pass down waterfront property to the next generation. It is really sad to see when that happens.